SEC Prohibits Trading in Two Cryptocurrency ETFs

[kreslik.news]

The Securities and Exchange Commission (SEC) is continuing its efforts to push back againstcryptocurrency-based exchange traded funds (ETFs). This Sunday, the American regulator announced that it would prohibit trading in Bitcoin Tracker One and Ether Tracker One until at least the 20th of September 2018.

Listed on the NASDAQ/OMX exchange in Stockholm, investors in Bitcoin Tracker One and Ether Tracker One can track the BTC/USD and ETH/USD prices respectively. Both securities are provided by XBT Provider AB – a Swedish company, owned by CoinShares, with headquarters in Stockholm.

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